First solar-generated electricity plant to open 25 September: KarmSolar

• Published date: 01 September 2016
• Publication title: Daily News Egypt

KarmSolar for renewable energy is planning on opening and activating Egypt's first solar-powered electricity station on 25 September. The plant will sell energy to the private sector, namely to Juhayna in Al-Wahat Al-Bahareya, at a capacity of 1MW.

CEO of KarmSolar Ahmed Zahran said that the station's establishment costs reached EGP 14m, accumulated from the Social Fund for Development and independent investments from KarmSolar.

This station is considered to be the first of its kind in Egypt, saving up to 600,000 liter of diesel a year, and annually avoiding the emission of 1,620 tonnes of carbon dioxide, Zahran said.

Zahran added that KarmSolar was given the licence to directly sell electricity from the Egyptian Electric Utility and Consumer Protection Regulatory Agency. An additional agreement was signed with Juhayna to...